WEBSITE BSE:543367 NSE: PARAS Inc. Year: 2009 Industry: Defence
Last updated: 15:57
Paras Defence and Space Technologies Ltd designs, develops, manufactures, and tests defense and space engineering products and solutions in India and across the world. The corporation offers rugged networking and communication, rugged display and computing, and rugged command and control systems; mechanical products, including flow formed tubes; and avionic suites, as well as automated test gadget. It also offers diffractive gratings, Zerodur and steel mirrors, optical domes, gyro blocks, multifold and IR lenses, reflectors and coatings, deploy...Read More
Paras Defence and Space Technologies Ltd designs, develops, manufactures, and tests defense and space engineering products and solutions in India and across the world. The corporation offers rugged networking and communication, rugged display and computing, and rugged command and control systems; mechanical products, including flow formed tubes; and avionic suites, as well as automated test gadget. It also offers diffractive gratings, Zerodur and steel mirrors, optical domes, gyro blocks, multifold and IR lenses, reflectors and coatings, deployable space antennas, CFRP systems, lens barrels, and extremely-precision production products; rugged wired cabinet, shielded doorways, honey comb filters, turnkey indigo simulator systems, submarine winches, titanium assemblies, and acoustic and magnetic sensing merchandise, as well as naval electronic time fuze, naval chart, different software program modules, and transducer positioning systems and platforms; excessive overall performance embedded computing structures, substitution sub-structures, tank imaging additives and sub-assemblies, turret stabilizations, tri-pods and quadri-pods, and red dot reflex sight products; and heavy duty antenna mechanical systems, rugged cots systems, statistics/video/image processing structures, and active array cooling assemblies, as well as software improvement and machine integration services. In addition, the company presents Electro-Magnetic Pulse (EMP) shielded rooms and control facilities, anechoic shielded chambers, shielded doorways, racks and cabinets, shielded air vents and home windows, filters, EMP hardened products, and anechoic shielded chambers, in addition to turnkey EMP tasks. The enterprise was previously called Paras Flowform Engineering Ltd and changed its name to Paras Defence and Space Technologies Ltd. The agency was founded in 2009 and is centred in Navi Mumbai, India. ...Read Less
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Market Cap ₹5183 Cr.
Stock P/E 0
P/B 8
Current Price ₹643.2
Book Value ₹ 80.3
Face Value 5
52W High ₹971.8
Dividend Yield 0.04%
52W Low ₹ 401
Price goes above X
Price falls below X
PE goes above X
PE falls below X
₹ | |
| #(Fig in Cr.) | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net Sales | 61 | 64 | 80 | 84 | 87 | 86 | 108 | 93 | 106 | 106 |
| Other Income | 1 | 1 | 5 | 1 | 2 | 2 | 4 | 2 | 2 | 2 |
| Total Income | 62 | 65 | 85 | 84 | 89 | 87 | 112 | 96 | 108 | 109 |
| Total Expenditure | 46 | 52 | 67 | 59 | 64 | 64 | 80 | 71 | 76 | 80 |
| Operating Profit | 17 | 13 | 18 | 25 | 24 | 24 | 32 | 24 | 32 | 28 |
| Interest | 1 | 2 | 2 | 2 | 3 | 1 | 2 | 1 | 1 | 1 |
| Depreciation | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 4 | 4 | 4 |
| Exceptional Income / Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit Before Tax | 12 | 8 | 12 | 20 | 18 | 19 | 27 | 20 | 27 | 23 |
| Provision for Tax | 3 | 3 | 3 | 5 | 5 | 5 | 6 | 5 | 7 | 6 |
| Profit After Tax | 9 | 6 | 10 | 14 | 13 | 14 | 21 | 14 | 19 | 17 |
| Adjustments | 1 | 1 | 0 | 1 | 1 | 1 | -1 | 1 | 1 | 1 |
| Profit After Adjustments | 9 | 7 | 10 | 15 | 14 | 15 | 20 | 15 | 21 | 18 |
| Adjusted Earnings Per Share | 1.2 | 0.9 | 1.3 | 1.9 | 1.8 | 1.9 | 2.4 | 1.8 | 2.6 | 2.3 |
| #(Fig in Cr.) | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|
| Net Sales | 143 | 154 | 147 | 143 | 183 | 222 | 253 | 365 | 413 |
| Other Income | 3 | 3 | 2 | 1 | 3 | 8 | 8 | 8 | 10 |
| Total Income | 146 | 157 | 149 | 145 | 186 | 231 | 262 | 373 | 425 |
| Total Expenditure | 102 | 111 | 107 | 99 | 130 | 165 | 200 | 265 | 307 |
| Operating Profit | 44 | 46 | 42 | 45 | 55 | 66 | 62 | 108 | 116 |
| Interest | 7 | 10 | 10 | 13 | 8 | 8 | 8 | 9 | 5 |
| Depreciation | 7 | 9 | 10 | 10 | 10 | 11 | 13 | 15 | 16 |
| Exceptional Income / Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit Before Tax | 30 | 27 | 22 | 23 | 37 | 47 | 40 | 84 | 97 |
| Provision for Tax | 5 | 8 | 2 | 7 | 9 | 11 | 10 | 22 | 24 |
| Profit After Tax | 25 | 19 | 20 | 16 | 27 | 36 | 30 | 61 | 71 |
| Adjustments | 0 | 0 | 0 | -0 | -0 | 0 | 2 | 2 | 2 |
| Profit After Adjustments | 25 | 19 | 20 | 16 | 27 | 36 | 32 | 63 | 74 |
| Adjusted Earnings Per Share | 4.5 | 3.3 | 3.5 | 2.6 | 3.5 | 4.6 | 4.1 | 7.9 | 9.1 |
| # | 1 Year | 3 Year | 5 Year | 10 Year |
|---|---|---|---|---|
| Sales CAGR | 44% | 26% | 20% | 0% |
| Operating Profit CAGR | 74% | 25% | 21% | 0% |
| PAT CAGR | 103% | 31% | 25% | 0% |
| # | 1 Year | 3 Year | 5 Year | 10 Year |
|---|---|---|---|---|
| Share Price CAGR | 29% | 36% | NA% | NA% |
| ROE Average | 12% | 10% | 10% | 15% |
| ROCE Average | 17% | 14% | 14% | 17% |
| #(Fig in Cr.) | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|
| Shareholder's Funds | 124 | 152 | 173 | 207 | 378 | 413 | 445 | 640 |
| Minority's Interest | 0 | 0 | 0 | 0 | 0 | 0 | -1 | -3 |
| Borrowings | 39 | 38 | 37 | 26 | 0 | 1 | 1 | 1 |
| Other Non-Current Liabilities | 28 | 29 | 25 | 24 | 23 | 23 | 24 | 23 |
| Total Current Liabilities | 66 | 110 | 108 | 106 | 56 | 83 | 183 | 209 |
| Total Liabilities | 257 | 330 | 342 | 363 | 458 | 521 | 652 | 870 |
| Fixed Assets | 171 | 168 | 158 | 157 | 136 | 153 | 186 | 190 |
| Other Non-Current Assets | 4 | 4 | 7 | 4 | 24 | 53 | 53 | 64 |
| Total Current Assets | 82 | 157 | 175 | 198 | 296 | 315 | 413 | 616 |
| Total Assets | 257 | 330 | 342 | 363 | 458 | 521 | 652 | 870 |
| #(Fig in Cr.) | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|
| Opening Cash & Cash Equivalents | 1 | 0 | 0 | 1 | 5 | 2 | 17 | 3 |
| Cash Flow from Operating Activities | 41 | -12 | -3 | 4 | 12 | 46 | -46 | 45 |
| Cash Flow from Investing Activities | -49 | -10 | -5 | -6 | -77 | 10 | -2 | -87 |
| Cash Flow from Financing Activities | 8 | 21 | 9 | 5 | 63 | -41 | 33 | 74 |
| Net Cash Inflow / Outflow | -1 | -0 | 1 | 3 | -2 | 15 | -14 | 31 |
| Closing Cash & Cash Equivalent | 0 | 0 | 1 | 5 | 2 | 17 | 3 | 34 |
| # | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|
| Earnings Per Share (Rs) | 4.49 | 3.34 | 3.46 | 2.63 | 3.47 | 4.62 | 4.11 | 7.88 |
| CEPS(Rs) | 5.69 | 4.99 | 5.17 | 4.26 | 4.81 | 6.05 | 5.56 | 9.48 |
| DPS(Rs) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.25 |
| Book NAV/Share(Rs) | 14.69 | 19.45 | 23.02 | 27.6 | 43.12 | 47.62 | 51.64 | 74.19 |
| Core EBITDA Margin(%) | 27.59 | 27.98 | 27.01 | 30.75 | 28.73 | 25.93 | 21.11 | 27.29 |
| EBIT Margin(%) | 25.31 | 23.68 | 21.77 | 24.9 | 24.64 | 24.55 | 19.08 | 25.41 |
| Pre Tax Margin(%) | 20.38 | 17.36 | 14.82 | 15.77 | 20.03 | 21.06 | 15.96 | 22.93 |
| PAT Margin (%) | 16.8 | 12.29 | 13.37 | 11.01 | 14.83 | 16.16 | 11.85 | 16.86 |
| Cash Profit Margin (%) | 21.28 | 18.38 | 19.97 | 17.75 | 20.54 | 21.23 | 17.12 | 20.96 |
| ROA(%) | 9.77 | 6.47 | 5.85 | 4.48 | 6.6 | 7.35 | 5.12 | 8.08 |
| ROE(%) | 30.58 | 19.71 | 16.29 | 10.68 | 10.81 | 10.16 | 7.76 | 12.29 |
| ROCE(%) | 25.46 | 21.27 | 14.9 | 14.14 | 14.15 | 14.49 | 11.34 | 17.03 |
| Receivable days | 61.85 | 128.27 | 224.43 | 245.05 | 217.76 | 223.87 | 250.4 | 246.59 |
| Inventory Days | 107.1 | 128.04 | 155.09 | 172.07 | 141.29 | 131.29 | 175.37 | 150.67 |
| Payable days | 106.68 | 165.65 | 201.22 | 118.38 | 68.3 | 71.69 | 131.82 | 123.9 |
| PER(x) | 0 | 0 | 0 | 0 | 90.22 | 50.87 | 74.46 | 60.83 |
| Price/Book(x) | 0 | 0 | 0 | 0 | 7.25 | 4.94 | 5.93 | 6.46 |
| Dividend Yield(%) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.05 |
| EV/Net Sales(x) | 0.48 | 0.57 | 0.87 | 0.89 | 13.12 | 8.13 | 9.63 | 10.35 |
| EV/Core EBITDA(x) | 1.56 | 1.93 | 3.05 | 2.81 | 43.22 | 27.41 | 39.49 | 35.08 |
| Net Sales Growth(%) | 0 | 7.91 | -4.76 | -2.53 | 27.37 | 21.84 | 13.97 | 43.85 |
| EBIT Growth(%) | 0 | -3.2 | -12.46 | 11.51 | 26.04 | 21.36 | -11.4 | 91.59 |
| PAT Growth(%) | 0 | -24.36 | 3.62 | -19.69 | 71.53 | 32.73 | -16.42 | 104.71 |
| EPS Growth(%) | 0 | -25.69 | 3.62 | -23.86 | 31.63 | 33.34 | -11.09 | 91.62 |
| Debt/Equity(x) | 0.81 | 0.77 | 0.79 | 0.64 | 0.09 | 0.04 | 0.16 | 0.04 |
| Current Ratio(x) | 1.24 | 1.44 | 1.62 | 1.87 | 5.24 | 3.8 | 2.26 | 2.95 |
| Quick Ratio(x) | 0.58 | 0.85 | 1.06 | 1.16 | 4.06 | 2.67 | 1.44 | 2.23 |
| Interest Cover(x) | 5.13 | 3.75 | 3.13 | 2.73 | 5.35 | 7.04 | 6.12 | 10.22 |
| Total Debt/Mcap(x) | 0 | 0 | 0 | 0 | 0.01 | 0.01 | 0.03 | 0.01 |
| # | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Promoter | 58.94 | 58.94 | 58.94 | 58.94 | 58.94 | 57.05 | 57.05 | 53.74 | 53.2 | 53.2 |
| FII | 0.55 | 0.49 | 0.13 | 2.97 | 3.47 | 4.85 | 5.24 | 6.85 | 5.69 | 4.92 |
| DII | 2.72 | 2.73 | 2.75 | 0.07 | 0.63 | 1.48 | 1.54 | 1.95 | 1.46 | 1.29 |
| Public | 37.78 | 37.84 | 38.18 | 38.01 | 36.96 | 36.63 | 36.17 | 37.46 | 39.65 | 40.6 |
| Others | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 |
| # | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Promoter | 2.3 | 2.3 | 2.3 | 2.3 | 2.3 | 2.3 | 2.3 | 2.17 | 4.29 | 4.29 |
| FII | 0.02 | 0.02 | 0.01 | 0.12 | 0.14 | 0.2 | 0.21 | 0.28 | 0.46 | 0.4 |
| DII | 0.11 | 0.11 | 0.11 | 0 | 0.02 | 0.06 | 0.06 | 0.08 | 0.12 | 0.1 |
| Public | 1.47 | 1.48 | 1.49 | 1.48 | 1.44 | 1.48 | 1.46 | 1.51 | 3.19 | 3.27 |
| Others | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 3.9 | 3.9 | 3.9 | 3.9 | 3.9 | 4.03 | 4.03 | 4.03 | 8.06 | 8.06 |
* The pros and cons are machine generated.
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